Tetragon Financial Group Limited Annual General Meeting

LONDON, December 17, 2018 /PRNewswire/ --

Annual General Meeting: 

Tetragon's annual general meeting will be held on 31 December 2018. The Notice of General Meeting may be found at the following link: https://www.tetragoninv.com/2018 AGM Notice. One of the purposes of the annual general meeting is to propose that each of the following individuals be appointed as a director of Tetragon:

Mr. Deron J. Haley - Independent Director 
Mr. Steven W. Hart - Independent Director 
Mr. David C. O'Leary - Independent Director 
Mr. Reade E. Griffith 
Mr. Paddy G. G. Dear

Note that only the owner of Tetragon's voting shares will be entitled to vote at the annual general meeting. The biographies of each of the proposed Independent Directors are set forth below.

Paddy Dear, a Co-Founder of Tetragon's investment manager and a member of Tetragon's Board of Directors, said, "We would like to thank Rupert Dorey, David Jeffreys and Bud Rogers for their service to the company. Rupert and David have been Independent Directors since Tetragon's launch as an open-ended fund in 2005, continuing in their role through the company's initial public offering in 2007. Bud advised Tetragon from its IPO until his retirement from the Corporate Department of Cravath, Swaine & Moore LLP in December 2015, following which he joined as an Independent Director. During their tenure, Tetragon has demonstrably achieved its investment objective of generating distributable income and capital appreciation by returning approximately U.S.$1.25 billion to its shareholders through dividends and share buybacks - nearly as much as the company's net asset value at the time of its IPO - and growing its NAV to approximately U.S.$2.1 billion."

Stephen Prince, the Head of TFG Asset Management, said, "We are excited about the backgrounds and experience of the proposed Independent Directors and the expected overall composition of the Board of Directors. With extensive private equity and asset management expertise as well as considerable operational and administrative experience, we believe that Tetragon's new Independent Directors will be able to effectively oversee the management of the business while providing valuable strategic guidance as Tetragon continues to diversify its alternative asset portfolio and looks to continue to grow TFG Asset Management - as Tetragon's diversified alternative asset management business - with a view to a possible initial public offering and listing of its shares."